Pidilite Industries Limited
ICICI Prudential Mutual Fund, which previously held a 1.33 percent stake in Pidilite Industries Limited, is no longer listed among its named shareholders, indicating either a complete sale or a reduction to below the 1 percent reporting requirement.
A leading manufacturer of adhesives, sealants, construction chemicals, and polymer emulsions in India, Pidilite Industries produces specialty chemical products for industrial, commercial, and consumer applications across multiple segments. The company develops most products through dedicated in-house research and development capabilities. Fevicol, its flagship brand, has become synonymous with adhesives and ranks among India's most trusted brands, alongside other major brands including M-Seal, Roff, Dr. Fixit, and Araldite.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.